Govt launches 3-tranche bond deal to raise $ 2.5Bn

Pakistan has launched a three-tranche bond deal to raise $ 2.5Bn comprising tranches of 5, 10 and 30 years for which it received over $ 5.3Bn. Pakistan sold $ 1Bn in 5-year bonds at 6%, $ 1Bn in 10-year paper at 7.375% and $ 500Mn in 30-year notes at 8.875%.

31/3/2021